Entrepreneurs are not very optimistic about the development of their businesses in the coming months, since when comparing the business confidence indicator of today (6.2) with that of a year ago (6.4) it can be seen that it is at the same level as twelve months ago.

From a statement issued by the Costa Rican Union of Chambers and Associations in the Private Business Sector (UCCAEP):

August 29, 2018. Entrepreneur confidence is stagnant according to the latest data from the most recent quarterly business survey "Pulso Empresarial", carried out by the Costa Rican Union of Chambers and Associations of the Business Sector (UCCAEP) since 1998. 

Entrepreneurs are not very optimistic about the development of their businesses in the coming months, since when comparing the business confidence indicator of today (6.2) with that of a year ago (6.4) it can be seen that it is at the same level as twelve months ago.

The expectations of the business sector are clouded by the complicated fiscal situation facing the country, the lack of concrete proposals to reactivate the economy and how to recover the competitiveness of the country by the Executive Power, for that reason UCCAEP has presented proposals on the subject,  as well as a National Strategy for Sustainable Companies.

Read full statement (in Spanish).

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